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International Business Times
International Business Times
Business
Nica Osorio

SEC Gave Multiple Bitcoin ETF Applicants 'Same Or Very Similar Instructions': ETF Analyst

SEC ETF Bitcoin Eric Balchunas BlackRock Bitwise James Seyffart Bloomberg Intelligence Grayscale

KEY POINTS

  • Bitwise submitted its second S-1 amendment to the SEC on Monday
  • BlackRock followed suit about an hour later
  • The SEC has not yet said anything in public related to spot Bitcoin ETF applications

The U.S. Securities and Exchange Commission (SEC) has given multiple spot Bitcoin exchange-traded fund (ETF) applicants the "same or very similar instructions," an ETF analyst observed after Bitwise and BlackRock submitted their amended prospectus Monday.

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